DoctorSolar

I think its fair to say big Tommy O failed in his "we'll see 200 down before 50 up" price projection. I look forward to hearing him saying "listen folks these markets are perverse" I wonder if that will be any consolation to his subscribers who he "piped" out of their positions. At least big bobby hoye has the good grace to say yep I've made a whole lot of trading errors in my career (see last howestreet interview). I have a lot more respect for him because of that

From the June Gold thread when gold was at 1256: http://www.cnbc.com/id/15840232?video=1525161532&play=1 1289.... tick-tock... only 17 dollars to go are "these markets perverse" yet?

1287 in the blinking of an eye

Bug Tommy O still holding with his 1075 prediction: From: I wonder if we will see a video of him saying "these markets are perverse" in a few weeks/months time

Big Tommy O'Brien still holding out for 1075 USD gold http://www.cnbc.com/id/15840232?video=1588378975&play=1 3mins 20 Gold getting competition from dollar and real estate. Buy a place for 100k, mortgage of 500 dollars per month rent it out for 600. - Good luck finding solvent and reliable tennants Tommy! Also make sure you don't incur 1000k in fees and repairs or you are at zero! 4mins 20 Host: "so people should beware and understand that this [gold] is a commodity" Tom: "absolutely"... "gold is not a safe haven its correlated with the market" Jeezus - the WORLDS number one gold timer doesn't understand that gold is money

Gold Speculation During the Great Correction And this from Adrian Ash of Bullionvault: Speculating in Gold So gold is now fairly priced but fiat money should continue to erode so gold will continue on up. Getting on now won't make you more wealthy but it will maintain your existing wealth. I'm not so sure... technical and historical superemo Bob Hoye and Ross Clarke both show the potential for gold to easily hit 2000USD in 2011. I wonder what Bill would make of G0ldfingers MZM equilibrium chart?

In the video interview and other audio interviews I have heard he says he sold ALL his gold at around 1236 USD. He expected a 200+ USD drop and decided to step aside and get back in later. Well later has arrived and we are back at the price he sold at! I reiterate this is the "WORLDS BEST" gold market timer. If the "best" can get it so horrifically wrong what chance does the average joe have of getting all the wriggles right. One in a million? Well personally I would rather average in every month and buy a lotto ticket too

Following on from the June thread: "The WORLDS No1 gold trading timer" Tom O'Brien sold ALL his gold at 1236 USD and went short saying we would be visiting 1056USD. This guy is apparently the WORLDS best and he seems to have gone a little stray on this one. Those who followed him may have made a bit money going short ASSUMING they have now closed their positions BUT will still hold NO gold! If they want their position back they will have to give up a good chunk of their profits if they want actual physical back. That's why I keep pounding the table about averaging in. The WORLDS best can't seem to get the exact timing right! 8 more trading days left till the end of the month.... lets see where we are then. The latest King World News interview with James Turk is a good listen. Are they referring to O'Brien by any chance? http://www.kingworldnews.com/kingworldnews...James_Turk.html

Yep still looking good. USD and gold rising together. Taking the advice of: no one knows where the bottom is so you need to be mentally and financially prepared to buy all the way down has worked well so far.

Charting is an odd art isn't it. I remember a similar pattern in gold being called a double top and then look what happened Caution is to be advised here but I wouldn't be in a rush to dump any physical. But then I have a longer term perspective in mind.

I am no technician but is that a gigantic inverse head and shoulders pattern I see before me in Pd?

Case for this strengthening as GBP continues to weaken vs USD

I think there is a good chance that 743GBP was the low. But absolutely no one knows whats going to happen for sure. Not even Tom O'Brien whos call for 1037 before hitting 1287 is looking increasingly unlikely. Which is a pity for those who took his sell ALL your gold and go short because my big golden balls tell me this is definitely going to happen approach. That is why if you think gold is a good thing to have in your portfolio you need to be buying a correction all the way down in increasing size. I bought a small amount at 800 and a larger amount at 748. But im prepared mentally and financially for lower prices if they happen. Gold is on a 100 GBP discount. Surely that is a buy. Trying to get the exact bottom could see folks price chasing as it moves away from them.

Thanks to those for pointing in the direction of the Gold Scents blog. From the most recent posting last weekend: http://goldscents.blogspot.com/ Done Also done.

You know all of the following GF but just to get it off my chest.... Could well be. But maybe we go a little lower. No one knows. That's why I have been banging on that your average retail investor should not be attempting to call turns and go in at a single price point plop. Folks need to be buying weakness at fixed points all the way down or simply buy once a month in a disciplined fashion. I remember being told quite forcefully that now was not the time to average in. Well time will tell but buying in to weakness with increasing size has done well for me so far. I have the same feeling now I had at gold 565GBP and gold 680GBP. Heck even our own silver sammy has turned up predicting a crash in gold sometime this year.

Wild price movements lately. 15% down then 15% up all in the same day! Fortunately I am now riding a healthy position for free having got on at .56 and stake back + profit at 2.10 so these wild movements dont scare me too much. Huge volume yesterday in to the close taking us back to 1.80 and flat for the day.

Yes its been a great run and the latest results look very promising. The main risk with these things is that it works in the animal model but then fails in human trials because the drug/cell interaction is wildly different in humans. But a nanoviricide doesnt interact with the body's cells at all. It goes straight for the virus so the chances of this working in humans as well is WAY higher. Toxicity should be low to nil too as the carrier is just a simple polymer that will get flushed straight out of the body after it has swept up any free virus. All extremely exciting. Take a look at the ihub board and you will see a full copy of Patrick Cox's latest report on the company that explains it all in more depth. There are some true believers on AllAllan and the ihub board but mostly folks seem extremely skeptical. Which is fair enough I suppose as even I have described this as my lottery ticket stock. But the risk reward levels to me demands participation. Stock is holding up pretty well given current general market conditions. Hoping we get that uplisting to AMEX/NASDAQ this year together with a host of other results that are due too.

Tom's shorts are underwater but he's sticking with it: http://www.cnbc.com/id/15840232?video=1525161532&play=1 So $1056 will happen before we see $1306? Lets see how this one works out...

Poor Tom has risked being turned into charcoal under the gold rocket. According to what I heard he sold ALL his gold and then on top of that went short. This by definition is not a "anything can happen" approach. This is a "all in because my big golden balls say this is THE/intermediate top". Definitely not a liferaft.

These are the only gold shorts those seeking a "liferaft" should be taking Scotland goalkeeper shorts as NOT featured at this years world cup

Tom's shorts are really in danger of catching fire now.... surge up to 1256 USD

I got it from: http://www.hiphopwardrobe.co.uk/urban-clot...etail&p=596 but if you google for LRG currency of kings there should be a few more options available. Enjoy!

I thought RB was going to start manufacturing gold out of other more common atoms using a large hadron collider? Or was he more set on mining gold from of the lead casings from spent nuclear reactors?

Got my old man the following for fathers day Tom's gold shorts were beginning to smolder for a while there. Is he really advising his subscribers to sell all their gold and go short?

I see the aggressive gold bears (AGGOBEAS) are back running amok. There is a kind of macabre black comedy when these folk mentally disintegrate in a public forum. Sad too and reminds me why I spend much more time enjoying family life these days.... Remember folks these self same morons were telling you to dump your gold way back at 500 euros and earlier. 500 euros of complete and utter abject FAILURE.